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Markets Are Anxious Over Fears of Default

Stocks Are Climbing, but Debt-Ceiling Worries Are Infecting Other Corners of Market

There is no deal yet on a short-term fix to raise the nation's borrowing limit. Center for Audit Quality executive director Cindy Fornelli joins the News Hub with the results of the group's new survey with troubling new findings on investor confidence.

The debt-ceiling standoff has plunged large swaths of the markets into uncertainty, highlighting the vulnerabilities of the financial system and the government's continued role in it five years after the 2008 crisis.

On the surface, investors appear to have shrugged off the latest Washington showdown, which follows a similar 2011 brush with calamity. The Dow Jones Industrial Average posted its biggest rise of the year on Thursday,...